Demurrage

3 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Demurrage \De*mur"rage\, n. [Cf. OF. demorage delay. See
     {Demur}.] (Law)
     (a) The detention of a vessel by the freighter beyond the
         time allowed in her charter party for loading, unloading,
         or sailing.
     (b) The allowance made to the master or owner of the ship for


         such delay or detention.
         [1913 Webster]
  
               The claim for demurrage ceases as soon as the ship
               is cleared out and ready for sailing. --M`Culloch.
         [1913 Webster]
  
     Note: The term is also applied to similar delays and
           allowances in land carriage, by wagons, railroads, etc.
           [1913 Webster]

From WordNet (r) 2.0 [wn]:

  demurrage
       n 1: a charge required as compensation for the delay of a ship or
            freight car or other cargo beyond its scheduled time of
            departure
       2: detention of a ship or freight car or other cargo beyond its
          scheduled time of departure

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  DEMURRAGE, mar. law. The freighter of a ship is bound not to detain it, 
  beyond the stipulated or usual time, to load, or to deliver the cargo, or to 
  sail. The extra days beyond the lay days (being the days allowed to load and 
  unload the cargo), are called the days of demurrage; and that term is 
  likewise applied to the payment for such delay, and it may become due, 
  either by the ship's detention, for the purpose of loading or unloading the 
  cargo, either before, or during, or after the voyage, or in waiting for 
  convoy. 3 Kent, Com. 159; 2 Marsh, 721; Abbott on Ship. 192 5 Com. Dig. 94, 
  n., 505; 4 Taunt. 54, 55; 3 Chit. Com. Law, 426; Harr. Dig. Ship and 
  Shipping, VII.